Here at Garment Quarter, we’ve been true pioneers of the Italian Fashion house first set up by Gianni Versace, and now under the strong leadership of Donatella. Although no one questioned the female power of Donatella, no one quite anticipated just how successful the Versace brand was set up to be…
Versace is set to become the next Italian house to go public, following yesterday’s announcement that profits have leapt almost a third in the past 12 months, for the second year in a row. The label revealed yesterday that net profits for 2014 were up 27 per cent to €26.3 million. The very fact these figures were released gives us some insight into the move from a private to public company.
Also, last month, Versace sold a minority share to a Blackstone Group. The New York-based fund will take control of 20 per cent of the family-owned business for €150 million, while the Versace’s will maintain ultimate control. Donatella Versace and her brother Santo hold a 20 and 30 per cent stake respectively, while Donatella’s daughter, Allegra Versace Beck, holds 50 per cent – bequeathed to her by her uncle Gianni on his death. The plan is to publicly list the firm within the next three to five years.
Plans for 2015 include: store openings in Vancouver and Madrid, as well as re-entry into the Japanese market and significant growth in America.
So what’s all the fuss about? Well, we suggest you get your hands on one of the biggest brands in the world right now, sold exclusively on Garment Quarter.
Burberry campaign model Tarun Nijjer, models Versace for Garment Quarter:
To get the Tarun – Versace look, see below:
Versace Collection Fantasia Print Silk Shirt Black/Teal/Gold
Click on the item to be redirected to buy!
However, if you’re looking for a more “Casual look” then these boys may have the answer…
To adopt the Milanese sports luxe style, see below:
Versace Baroque Vest Black/Yellow
Versace Gym Medusa Sweatshirt Black
Versace Gym Medusa Sweat Shorts Black
Versace Medusa Head Print Hooded Windbreaker Black/White
Versace Medusa Head Print Long Swim Shorts Black/White
To see the whole selection of Versace available at Garment Quarter, click here: http://bit.ly/1DYGnyx
Here at GQHQ he completely understand why Donatella is doing as well as she is for the brand, because with reliably fabulous seasons, year on year, we are never let down by what Versace have to offer!
So be part of one of the biggest fashion houses of 2015, and get your goodies now! It’s nearly pay day after all…
GQHQ
xox
Garment Quarter Style 